Added to YB: 2025-01-17
Pitch date: 2025-01-16
NUE [bullish]
Nucor Corporation
+32.25%
current return
Author Info
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Company Info
Nucor Corporation engages in the manufacture and sale of steel and steel products. The company operates in three segments: Steel Mills, Steel Products, and Raw Materials.
Market Cap
$35.2B
Pitch Price
$122.69
Price Target
156.00 (-6%)
Dividend
1.43%
EV/EBITDA
10.02
P/E
21.66
EV/Sales
1.27
Sector
Metals and Mining
Category
dividend
A Dividend King Stock Down 40%: Nucor Offers a Long-Term Opportunity
NUE: Dividend King w/ 52-yr streak. 40% off peak, attractive buy. Mini-mill process for consistent margins. Q3 sales $7.44B (-15% YoY), EPS $1.05 (-77%). Solid financials: 0.33 D/E. Undervalued vs peers. Analysts see 30-35% upside to $156 PT. 3.2% yield, 20% payout ratio.
Read full article (5 min)